A new tax law that says something like "if your company took $170B from the government to keep the lights on and make payroll, then your bonus is taxed at 100%" seems reasonable to me.
The Treasury Dept bears a lot of the blame here. But, seriously, how ridiculous have these Wall St firms behaved as far as compensation over the last 12 months? How did the Treasury and AIG both not see this coming and try to mitigate against this months ago? What a waste of time and energy this is.